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Tribunals · City of London Corporation · 2017 rating list

Pt LGND Flr 20 Old Bailey, EC4M 7AN

Office and Premises Decided 31 July 2025 CHG100547627 Knight Frank

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV · 2017 list£242,000
Ratepayer sought—
VO conceded first—
Tribunal decided£260,000from 2 Jul 2018

Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 12 properties together; the figures above are for this appeal's property (PT LGND FLR, 20 Old Bailey, London EC4). Every property is listed below.

The 12 properties in this decision

One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.

The properties covered by this tribunal decision, with the figures it states for each
PropertyOriginal RVSoughtTribunal decidedOutcome
PT LGND FLR, 20 Old Bailey, London EC4This appeal£242,000—£260,000Allowed in part
PT GND FLR, 20 Old Bailey, London EC4——£410,000Allowed in part
1ST FLR, 20 Old Bailey, London EC4——£890,000Allowed in part
2ND FLR, 20 Old Bailey, London EC4——£1,200,000Allowed in part
2ND FLR, 20 Old Bailey, London EC4——£1,200,000Allowed in part
3RD & 4TH FLRS, 20 Old Bailey, London EC4——£2,330,000Allowed in part
3RD & 4TH FLRS, 20 Old Bailey, London EC4——£2,160,000Allowed in part
3RD & 4TH FLRS, 20 Old Bailey, London EC4——£2,330,000Allowed in part
PT GND FLR NORTH, 20 Old Bailey, London EC4——£249,000Allowed in part
PT GND FLR NORTH, 20 Old Bailey, London EC4——£230,000Allowed in part
PT GND FLR NORTH, 20 Old Bailey, London EC4——£249,000Allowed in part
PT 5TH FLR WEST-9TH FLR, 20 Old Bailey, London EC4——£3,270,000Allowed in part

What was argued and what the tribunal found

Multiple office floor spaces within 20 Old Bailey, London were appealed on rateable value grounds. The appellants argued for a tone of £475 psm (later revised from £450 psm), based on rental evidence from within the subject building and comparable properties. The tribunal found the current RV at £525 psm was unreasonable and, accepting that there was a difference in tone between newly built and refurbished properties, determined that a tone of £500 psm was appropriate based on comparable evidence from 10 Old Bailey (£480 psm) and 60 Ludgate Hill (£550 psm), with adjustments for the subject property being superior to the former but inferior to the latter.

Summary generated from the decision text and checked against it. The appellant was Withers LLP, represented.

Grounds argued

  • Comparable assessments (tone) · decisive
  • Rental evidence
Evidence
Rents, comparable_assessments, Photographs
Cases cited
Dawn Bunyan (VO) v Acenden Limited [2023] UKUT 17 (LC); Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Denton v TH White Ltd [2014] EWCA Civ 906
Hearing
1 July 2025

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